19 days old

Sr. Benefits Analyst

Massachusetts Gore, ME 04936
Location :
US - Massachusetts - Waltham
Job Description

When you are part of the team at Thermo Fisher Scientific, you’ll do important work, like helping customers in finding cures for cancer, protecting the environment or making sure our food is safe. Your work will have real-world impact, and you’ll be supported in achieving your career goals.

How will you make an impact?

You will have the opportunity to make a difference to our employee engagement in North America by assisting with the administration of a wide array of employee benefits programs. You will be looked to as an expert on North America Employee Benefits, with responsibilities for data analytics, vendor management, program implementation and employee communications.

Thermo Fisher is searching for a creative, resourceful, integrative thinker for an important role that will help support the attraction, retention and motivation of our colleagues, by ensuring our employee benefits programs are aligned with the company and HR objectives, and with a high-performance culture. The successful candidate will have strong analytical skills, the ability to communicate with all levels within the organization, as well as excellent hands-on project management experience. A deep understanding of US employee benefits practices, policies and processes is preferred: Canada experience is a plus

What will you do?

  • Conduct plan analysis, program benchmarking and reporting of benefit programs. Assist with the review of claims experience, utilization trends, program enrollment and executive dashboards.

  • Provide necessary data to assist in preparing budgetary recommendations as well as information on utilization trends and program enrollment.

  • Maintain a strong understanding of benefit plan design trends and regulatory changes. Manage and ensure all regulatory compliance related to benefit plans.

  • Work with vendor partners to stay current on all legislative, regulatory and judicial development and help position the Company plans to take advantage of opportunities to lower costs and improve benefits and delivery platforms.

  • Develop and maintain relationships with a cross functional group of strategic internal partners including our HR Service Center, Finance and Payroll, retaining a strong customer-focused mindset while ensuring adherence to policies and service delivery.

  • Supports Benefits department, Finance and Accounting in the annual budgeting, forecasting, and monthly monitoring of U. S. Health & welfare employee benefits costs.

  • Develops an understanding of the benefits accounting process: monitors and analyzes U.S. medical claims for trends, fluctuations and seasonality; advises on prepaid benefit accruals; and assists external consultants with data requests to support forecasting.

  • Performs ad hoc benefits analysis, plan calculations, benchmarking and reporting.

  • Establishes linkage with healthcare carriers on quarterly business reviews.

  • Acts as project manager for mergers & acquisitions Benefits integration efforts in the US, Canada and Puerto Rico.

How will you get here?

  • Bachelor's Degree in Finance, Human Resources, Management or other related discipline


  • 7-10 years of experience in a fast-paced environment at growth/scaling stage business and partnering with increasing levels of responsibility
Knowledge, Skills, Abilities
  • Working knowledge of Workday is a plus

  • Project management skills

  • Experience with financial modeling

  • Attention to detail, flexibility, ability to prioritize and take initiative

  • An analytical mindset and comfortable with interpreting data, recognizing and communicating trends, and developing material to present key data elements

  • Strong oral and written communication skills

  • Strong skills with MS Excel, Visio and PowerPoint

At Thermo Fisher Scientific, each one of our 70,000 extraordinary minds has a unique story to tell. Join us and contribute to our singular mission—enabling our customers to make the world healthier, cleaner and safer.

If you are an individual with a disability who requires reasonable accommodation to complete any part of our application process, click here for further assistance.

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.


Posted: 2019-10-02 Expires: 2019-11-01

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Sr. Benefits Analyst

Massachusetts Gore, ME 04936

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast